Balaji Vinayagam, Apartment Resident
Q: Can some one provide the feedback about SVS new project which is going by the name SVS PALMS .they have started new project with name SVS PALMS.I am interested in purchasing one apartment in it it wil will be grate full if someone can provide the feed back..on Their track record on quality of construction, quality of material, adherence to timelines, providing all necessary clearances for the apt such as A/B Katha, clean land records, experience dealing with them, etc. Please provide feedback on SVS Developers/constructions, Bangalore and their project SVS PALMS.Will like to know the price and the water supply in that area.

My replies to this discussion
Please join the facebook page of SVS PALMS for Queries/discussionsPlease join the facebook page of SVS PALMS for Queries/discussions
Anyone applied for loan in SBI?Anyone applied for loan in SBI?
Guys, Let me know who and all have made the agreement so far & has completed the legal through some lawyer?Guys, Let me know who and all have made the agreement so far & has completed the legal through some lawyer?
My comments to replies
Hi, I am planning to book a flat in svs palms , could someone throw more light on this project. Is it gud or worth buying? Will they deliver the building on time ? Are there any talks about the concrete mixer getting closed? What about legal documents ? Is everything approved and transparent ? Please share your experiences as this is the first home planning to buy. Thanks
Hi Anu, Phase 1 is almost booked out.. Now Phase 2 booking has started. I have doen the agreement & i know many people who have done as well. i guess most of us whoever has bought is our first home :).. Welcome to the club. If you need more insights. Please e-mail your queries
5th November 2012

What are the rates you booked the flat?? is it approved by SBI? what is the date he gave for possession.
SBI approval is still pending but when i checked with the SBI agent, he informed me that its in final stages
26th September 2012
Regarding the possesion part. Builder promises to deliver by DEC-JAN of 2013/2014 but complete possesion with amenities by March 2014 ONLY
26th September 2012

Hi - is SBI approval done ? any idea at what stage of approval its at ? the sales rep and the SBI agent tell its in the final stage from the last 3 weeks .. if anyone has applied for SBI loan , please let me know the contact person or your contact no....Appreciate your help.... Thanks
SBI agent name is Sasidhar. his contact number is 9900269924. ,For more dicussions, please join the SVS Palms facebook page
5th October 2012

I have purchased a flat in SVS palms. Currently its in initial stage. they got morethan 40 bookings and work is progressing well. They have already submitted the documents for bank approval, will get in another 2 weeks. I have visited other project of SVS Ananda nilayam at Ramamoorthy nagar. quality is good and they are sticking to the time lines and also they give proper response to the customers. If anyone knows more about SVS, please share your feedback. Ram
Ram, could you join the facebook page for this project.. let dicuss more there
29th August 2012

Hey guys, whats your take, is it a good investment considering the price, location and Builder or we should also look into other options though i am not seeing any other good property in nearby proximity. Since they r increasing the price, I want to take a call ASAP.. Please share your feedback, Thanks
mallika, have you booked the flat in it or not??
29th August 2012

On satrurday i enquired and they are saying about dont go with SBI as it takes lot of time and we need to finish the 45% amount within 3 months like that . i am not sure why he is insisting not to go with SBI.? Any one heard about the same satement from marketing team.
Yes, even i got the same response when i checked but then i am going ahead with HDFC for loan. But i spoke to the SBI agent named Sasidhar, he said it should get approved by this month end max.
17th September 2012

Hi all, I went to SVS Palms to book a flat but dropped off due to the rude behavior of marketing person his name I couldn't remember, he is black bald and looks like rowdy only. it appeared that I am the marketing person and he is the customer demanding things. as you guys said no commitment is given for gas and cement factories, no bank approval till now,I called up SBI and LIC they are saying it will process but parallel we can buy the flat but i am not convinced, the marketing person is asking me why i didn't buy other builder apartments when i am looking for apartments, I said its none of his business. he is saying he is the no.1 builder in bangalore all SJR and other builders are small builders.he is saying if you want to buy then buy other wise we have regular customers who will book the flat, I said fine take the booking from them.
Rupali, I have not faced any such problems so far. I have been ineracting with them for the last 3 weeks. I raised so many questions but there were patient enough to answer my questions. I interacted with Rajendra reddy and mathew mostly for my booking. I am not sure who was the person who gave such a response to you..
29th August 2012

Hello all.. I have given a ownership link in my previous reply above.. Those who have already booked flat in this project can join the group and share your concerns.... You can also ask other buyers who have bought flats in SVS Palms to join the group. It will be a very good platform for your all to interact..
Raj, can you make the facebook page of SVS little more active. i guess more people will start their dicussions in that once many people joins it
29th August 2012

I checked with SBI, LIC and HDFC banks today, for all it's still pending for the approval .....
i spoke to Reddy from the marketing team today .. he said they have SBI legal team is visiting the site this saturday. Once its done, hopefully it should get approved in 4-7 working days.
29th August 2012

Q: I booked a flat 20 days back. I told them unless they give me a bank approving letter I would not do the agreement. They have not provided me anything yet. when I go and ask they say its under process. what should I do? will he give my money back now if I ask him to return the booking amount. he is just delaying things? Whether he would be able to deliver what he says or not?

My comments to replies
Mahen, which bank approval are you talking about? I heard HDFC, Axis Bank, LIC Housing Finance ltd., are giving loans to it.
Can you guys join the facebook page of SVS Palms to discuss more about this project..
10th September 2012

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